Uber And Beyond: 12 Transportation On-Demand Services In Asia

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Uber And Beyond: 12 Transportation On-Demand Services In Asia

Contrary to popular assumption, Uber is in no way the only company offering transportation services on demand. While the U.S. company, which is valued at an eye-watering $62.5 billion, pioneered the genre, the concept has been picked up and localized right across the globe.

Here — in our latest festive period gallery — we look at 11 notable companies that are giving Uber a run for its money in one way or another across Asia.

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Uber (78 Cities In Asia Pacific)

Uber is the global leader when it comes to ride-sharing services. The U.S. company entered Asia nearly three years ago and today covers the continent’s largest markets, including China, and India — both of which are tipped to be bigger than its U.S. business this coming year.

Uber’s services vary across the region. For example, it offers vans in Hong Kong, licensed taxis in Korea, and offers cash payments in India and parts of Southeast Asia.

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Didi Kuaidi (China)

China’s biggest ride-sharing company was formed a year ago when rivals Didi Dache and Didi Kuaidi merged.

Today, Didi Kuaidi is valued at $16.5 billion and is beating Uber on Chinese soil, where it covers over 360 cities and does seven million rides per day. (Uber does one million.) Its services include taxis, private cars, buses, chauffeurs and designated drivers.

Didi Kuaidi recently raised a $3 billion round, and has invested in fellow Uber competitors Lyft, Ola from India and GrabTaxi in Southeast Asia.

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Ola (India)

Homegrown transportation on-demand service Ola is another local rival leading Uber in its market.

Ola offers a range of vehicles, including autorickshaws, hatchbacks and private cars, across more than 100 cities in India.

The company landed a $500 million investment in November, taking it to more than $1 billion raised. Ola said it has 350,000 registered vehicles and one million booking requests each day — we understand it is close to completing one million rides each day. Uber handles around 250,000 rides per day across 22 cities in India.

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GrabTaxi (Six Countries In Southeast Asia)

GrabTaxi is the final member of the ‘Anti-Uber Alliance’, which also includes Lyft.

The company started in Malaysia, but is now headquartered in Singapore, covering six countries in Southeast Asia. It began opposite to Uber as a service for licensed cars, but now covers private cars, motorbikes on-demand and — most recently — carpooling, too.

GrabTaxi is valued at more than $1 billion. It has raised over $650 million from investors, including its most recent $350 million Series E round.

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Yidao Yongche (China)

Yidao Yongche is a three-year-old service specializing in private cars on-demand.

Analysts speculate it accounts for less than three percent of the Chinese market, but that didn’t stop video on-demand company LeTV from buying 70 percent of Yidao Yongche for a sizable $700 million this past October.

Beyond China, the taxi on-demand service caters to Chinese travelers overseas with a presence in over 20 cities across the U.S. and other countries.

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Easy Taxi (Southeast Asia)

Easy Taxi is the notorious German incubator-cum-investor Rocket Internet’s take on Uber.

The service started in South America — Brazil to be exact — and after an effort to expand into Asia largely failed, the company is doubling down on its home region.

Despite a difficult 2015 in Asia, Easy Taxi states that its app is open for business in Malaysia, Singapore, Thailand, Taiwan, Vietnam and the Philippines — but it’s some ways behind the competition in each of those countries.

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Meru Cabs (India)

Founded in 2007 initially as a cab operator, Meru Cabs is a relative veteran chiefly rivaled by Uber and Ola in India.

The service covers 23 cities with a fleet of some 20,000 licensed taxis. The company recently scored an alliance with France-based Taxis G3 and, like Uber and Ola, this year it launched carpooling services in India. The latter move takes it into another hotly contested new segment.

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GoGoVan (Six Countries In Asia Pacific)

Hong Kong-based GoGoVan is an ‘Uber for delivery’ startup that enables customers to move goods using rented trucks on-demand.

The service is popular for one-off consumer errands like house moving, but most of its customers come from businesses needing specific logistics.

The company has raised over $26 million from investors, and is present in China, Taiwan, Singapore, Australia and South Korea.

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EasyVan/Lalamove (Five Countries In Asia)

Like GoGoVan, EasyVan is in the business of on-demand logistics. It’s also based in Hong Kong, but is known as Lalamove in other markets.

The two-year-old company uses a combination of trucks, vans and motorbikes to transport goods from A to B.

Easy Van is available in Hong Kong, China, Taiwan, Singapore and Thailand. To date, the company has raised $20 million, the most recent being $10 million in September.

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Go Jek (Indonesia)

Indonesia’s Go Jek is slated to become the next big thing in transportation and logistics in Southeast Asia.

The company offers motorbike taxis on-demand, covering both rides across town (two wheels are best for navigating Jakarta’s crazy traffic), as well as food deliveries, logistics and other services.

Beyond pioneering bikes taxis, Go Jek — which counts Sequoia as an investor — is branching out to cover a range of on-demand services in 2016. Indonesia is the world’s sixth most populous country, but there’s no word on overseas expansion.

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Jugnoo (India)

Jugnoo is a one-year-old India-based startup that is bringing the country’s auto rickshaws online.

Beyond just offering rides, the company’s services cover logistics on-demand and also meal delivery. (Two common themes for these kinds of services in Asia.)

Uber recently closed an auto rickshaw pilot in India, but Ola covers the iconic taxis still. Despite big name competition, Jugnoo is scaling and attracting investor attention. Last month it bagged $10 million, taking it to $15 million to date.

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Shuttl (India)

Shuttl is another Uber variant from India. The year-old company provides shuttle buses that are designed to simplify commuting and intra-city travel.

Shuttle is less than a year old, but already it has raised considerable funding — including a recent $20 million Series A.

The service is limited to Delhi, for now, but there are plans to expand to Bangalore, Mumbai and Hyderabad over the next 12-18 months.

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